Real Estate Settlement Procedures Act (RESPA)

If your mortgage servicer is refusing to accept your payments, failing
to honor the terms of your agreement, or making it impossible for you
to cure a default and forcing you into foreclosure, you should know that
these actions may be considered unlawful forms of harassment. After the
passage of the Real Estate Settlement Procedures Act (RESPA) and Regulation
X, it became illegal for some servicers to engage in these practices after
a person has paid the amounts the servicer demanded or when you are actively
working with the servicer to modify your loan or complete a short sale
of your home.

Many elderly Florida residents who obtain reverse mortgages are victimized
by servicers that routinely ignore HUD regulations and initiate foreclosure
actions when the borrower is not in default according to the terms of
their loan documents. If your servicer fails to comply with the law, you
may be entitled to a settlement.

Explore your options by contacting a Central Florida consumer protection
lawyer at LegalNinja, LLC today. We can explain your rights and determine
if a servicer has failed to adhere to regulations regarding how they have
serviced your mortgage account.

Protect Your Rights with Our Brevard County Law Firm Today

Lenders and brokers interests are not often aligned with your interest
when it comes to borrowing money to buy your home. There are many competing
interests involved in a mortgage loan transaction, leaving an unwary borrower
with a higher interest or predatory loan, high fees paid to undisclosed
parties, or the victim of discrimination. The Truth in Lending Act (TILA)
and Regulation Z, along with the Equal Credit Opportunity Act (ECOA) and
Homeonwership and Equity Protection Act (HOEPA) were enacted to protect
unwary borrowers from discriminatory and predatory loans.

Luckily, you are protected under the law, and our team at LegalNinja, LLC
can help you stand up for your rights. The time within which you may challenge
abusive lending and servicing practices is limited, so
you must act quickly. Let us examine the details of your loan origination or servicing claim
and determine what further action can be taken. Don't let aggressive
marketers get away with illegal practices.
Contact our law firm today.

The Real Estate Settlement Procedures Act (RESPA) describes the following
as illegal practices:

We are here to help protect your rights under the mortgage-related consumer
protection acts, and we know exactly how to deal with those lenders and
servicers who fail to abide by the regulations put in place. Our
attorneys offer a free case evaluation so we can understand the full details of
your specific situation and determine the solution that suits your needs.
Rely on us at LegalNinja, LLC to represent you to the fullest extent of the law.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.